17 / 19 Forrestall Road, Elizabeth Downs, SA 5113

Sold: $250,000 (05-01-2014)

17 / 19 Forrestall Road, Elizabeth Downs, SA 5113 5113
SOLD
  • hotel 6
  • hot_tub 2
  • directions_car 2

Two homes for the price of one, double the income. 2 Maisonette homes on 1 title showing excellent weekly income with good tenants ($370pw). Continue to rent out or develop this large parcel of land 958.76m2 approx (STCC). Each home has 3 good size bedrooms, open plan kitchen & meals with a formal lounge. Set on a large block and priced to sell, there is plenty of potential here. Both have long term tenants looking to stay on. Opportunity to improve the facilities to increase rent return in this developing area.
Close to all facilities, full of potential, do the calculations on the yield. Huge rear yard with plenty of parking. I believe this to be a great long term investment.

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